Sentences with phrase «average wealth of each person»

Not exact matches

It has never been easier for the average person to see just how much of the world's increasing wealth they're missing out on, or how much their particular government is screwing them.

[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out of everybody [18:30] How to raise your probability of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20] Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work with people who are strong where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us together?

[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the stock market drops [05:45] Getting rid of your fear of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell on corrections [06:55] Bear markets come every 5 years on average [07:10] The greatest opportunity for a millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think of the current situation [12:45] The office is far bigger than the occupant [13:35] Information helps reduce fear [14:25] James's story of the billionaire upset over another's wealth [14:45] What money really is [15:05] The story of Adolphe Merkle [16:05] The story of Chuck Feeney [16:55] The importance of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25] By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55] Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit of focusing on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself out of suffering [43:40] Focus on appreciation, joy and love [44:30] Step out of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping out of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?

Many people tout the virtues of stock investing, especially because history shows that the stock market has provided one of the greatest sources of long - term wealth, with compounded returns averaging 10 percent per year over the past 100 years.

On the other hand, the children of wealthy people or objects of the bounty of wealthy people may be more qualified than the average person to manage that wealth, due perhaps to inherited aptitude, or perhaps because they have been groomed for that responsibility during life.

We could, for example, use CPI inflation as a time series reflecting what the bourgeoisie wish to pay the average social labourer and then do time series to work out the number of units of social labourer are consumed per rich person's wealth.

«Even if people think objectively and follow rules of statistical inference, richer and poorer people may be led, by the information available to them, to very different conclusions about how wealthy their fellow citizens are, on average, and how wealth is distributed across society.»

Gamble fuck what Thomas Edison might have said, holy shit man, the average filmgoer to the average film blogger, show me this barrage of complaints about frame rates, show me in the span of Row Three, and all the shit that has been parsed over in 100 + threads about everything film related or otherwise, where this great wealth of historical proof exists where people, the masses, film fans, have been complaining about film rates.

Self - taught and much enthused about all things personal finance, this average Canadian mom is on a mission to help people use their money for good instead of evil; teaching people to keep consumer debt at bay while investing to grow wealth.

Economic theory assumed investors, on average, would make good, even optimal decisions in terms of maximizing their wealth: Real money was at stake, so people would do the thing that earned them the most.

Destiny has some similarities to the average sci - fi first - person - shooter, but under its shell is a wealth of systems that make it as complicated as your average massively multiplayer online role - playing game (MMORPG).

4) The study seems not to be designed to assess the possibility that wealth is the primary determinant of ecological impact: i.e., that people with more money burn more world on average regardless of their beliefs.

When Pielke et al., 2008 «normalized» the reported damages for the 1926 Great Miami Hurricane to account for the increases in population, numbers of housing units and average wealth per person, they calculated that it would probably have cost about $ 150 billion damage if it struck in 2005.

Even if they had the same wealth as us, however, they would still suffer more on average because, as it turns out, the geographical locations in which the rich people live who have caused nearly all of the problems just happen to be the the geographical locations in which the largest detrimental impacts will be felt (on average).

During the recovery of the Great Recession, income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as children.22

People who are on BP are above average in terms of wealth build and business building.

Instead of taking the less than 1 % that made it in business, etc and using them as a reference to compare with a newbie investing in real estate, take what the average business, sales person, corporate person makes and compare it to an experienced investor, and I'll bet the experienced investor's wealth will be a lot greater and the amount of time that they work is a lot less.